Aquanow, a Canadian digital assets infrastructure provider, officially launched the AQN Digital Ventures Fund, managed by Aquanow’s investment management subsidiary, AQN Digital.
Led by Michael Kwok, Head of Venture Capital, AQN Digital Ventures Fund will support the world’s most disruptive technologies, including companies and projects that can tie into its parent Aquanow’s core business and expertise, digital asset infrastructure.
The fund has invested in seven portfolio companies to date––including participating in the $3.8m seed round of digital currency payment processing platform BoomFi in June, and in the $6m seed round for Lightning network startup Mash, which helps creators, builders, and developers earn money from the content they publish online.
AQN Digital Ventures Fund expects to make one to two additional investments per month moving forward.
Led by Phil Sham, co-founder and CEO, Aquanow is a digital assets infrastructure provider enabling crypto financial services for institutional clients. The company serves an international customer base that includes the world’s fastest-growing banks, neobanks, brokerages, and payment companies. Established in 2018 and headquartered in Canada, Aquanow currently has 100+ team members.
FinSMEs
19/09/2023